September 19, 2018

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

3-Column Formating

 

Law:

'It's a Question of When, Not If' - Baker McKenzie Sets Sights on US Merger
(DBN)

Moritz family disputes development fees pulled from $30M gift to Ohio State’s law school
(DBN)

Experts See Few Parallels as Skadden's Ukraine Work Comes Under Fire Manafort Plea Delivers Yet Another Embarrassment for Skadden
(DBN)

Jury Selected in Hardwick Embezzlement Trial Over Defunct Atlanta Firm
(DBN)

‘Imminent’ bankruptcy filing for law firm of suspended St . Pete lawyer Mark Stopa
(DBN)

After N-Bomb, Emory Law Prof's 1L Students May Choose Whether to Take His Classes
(DBN)

Shearman & Sterling Steps Up Diversity Effort
(DBN)

Is Kirkland Raiding the Big Four?
(DBN)

What's In a Name? Mintz Becomes Latest Big Firm to Rebrand
(DBN)

The Controversy Over Harvard Law School’s Slow Moving Efforts To Diversify Their Faculty
(DBN)

Alternative Fee Agreements In Practice
(DBN)

Law School Satire Site Takes Aim At The Easiest Target Imaginable
(DBN)

Disappointing Bar Exam Results Are Out, With Some Schools Hovering Around 40 Percent Pass Rates
(DBN)

Tales From An Unsuspecting T14 1L: Classmate Insecurities
(DBN)

Former Biglaw Partner Indicted On Charges Related To Cryptocurrency Ponzi Scheme
(DBN)

Oct. 8 Murder Trial Of Suspects In Dan Markel's Murder Is Delayed, Perhaps For Five Months
(DBN)

Why Microsoft is Hosting Their Law Firms in Redmond This Week and Why it Matters for Everyone Else?
(DBN)

Retainer Can Make Client Indemnify Lawyer Against 3rd Party
(DBN)

Using a Private Club as Your Office Away from the Office
(DBN)

Trump’s Growing Legal Team Has a Problem: It’s Operating Partly in the Dark Experts say federal prosecutors now have 'the perfect storm of cooperators' against Trump Mueller's legal actions not overlooked by Trump Why Manafort Must Have Something ‘Really Good’ Mueller document leads to Israeli whodunit over anti-Semitism Cohen confidant: Signs he is very, very involved with Mueller How Manafort’s Cooperation Could Help Advance Mueller’s Probe Full meaning of Paul Manafort's plea deal has yet to become clear Mueller moves to undercut possible Trump pardon of Manafort Trump-proof aspects of Manafort deal rankle lawyers Trump: Exposing FBI My Top Achievement
(DBN)

Trump criticizes his former divorce attorney’s forthcoming book
(DBN)

Former FBI official Andrew McCabe has book deal
(DBN)

'Off the charts': National-security experts sound the alarm after Trump moves to selectively declassify the Carter Page FISA application
(DBN)

McDonald's employees to stage first #MeToo strike Fast food workers often vulnerable to harassment Julie Chen officially confirms she's leaving 'The Talk' amid husband's misconduct allegations Senator to American men: ‘Shut up, and step up’
(DBN)

Texas educator: ‘You can’t count on a black quarterback’
(DBN)

Non-Christian refugees shut out
(DBN)

Day Care Owner Arrested for Drugging Children and Tying Them to Car Seats by Their Necks
(DBN)

Daughter Says Serial-Killer Parents — Who Killed Her Sister — May Have Murdered 30 People
(DBN)

Tom Arnold files police report against Mark Burnett for battery The Hunt for the Trump Tapes With Tom Arnold, explained
(DBN)

Attorney sued for malpractice is suspended after releasing client’s psychiatric records
(DBN)

Prosecutor Arrested, Charged With Shoplifting Supermarket Beauty Products
(DBN)

______________

Judges:

BK ED NC Allows email and fax filings for those affected by hurricane
(DBN)

New bill would finally tear down federal judiciary’s ridiculous paywall Proposed bill would eliminate PACER fees
(DBN)

Female Clerks Stand By Kavanaugh Despite Harassment Allegation Brett Kavanaugh Was a Bad Teenager Kavanaugh: ‘What Happens at Georgetown Prep, Stays at Georgetown Prep’ Lawyers Who Guided Anita Hill Offer Advice to Kavanaugh's Accuser Kavanaugh accuser Ford has yet to confirm she will testify before the Senate Judiciary Committee ‘It would be horrible’: Fox News women shut down Jason Chaffetz for wondering why Kavanaugh’s accuser wouldn’t testify Kavanaugh Accuser Wants 'Full Investigation' Before Any Senate Hearing Christine Blasey Ford Wants The Same Thing Anita Hill Got, An F.B.I. Investigation Into Her Claims Kavanaugh accuser forced out of her home over threats, lawyers say California professor wants FBI inquiry before testifying about sexual assault allegation against Kavanaugh Mark Judge says he has "no memory" of alleged sexual assault Kavanaugh: Court Employees Willing to Speak Come Hell Or Assault Accusation, Kavanaugh’s Female Clerks Are Standing By Their Man The GOP Response to the Kavanaugh Allegations Sends an Unmistakable Message to Women White House contacting women from Kavanaugh’s past Kavanaugh's High School Friend, A Possible Witness, Won't Testify, His Cozen O'Connor Lawyer Says Brett Kavanaugh Isn’t A Credible Source About His Own Life New York Times opinion writer Bari Weiss slammed for questioning whether sexual assault should disqualify Kavanaugh from the Supreme Court Kavanaugh saga has shades of the Anita Hill-Clarence Thomas showdown, but there are key differences Please Stop Comparing the Kavanaugh Scandal to Anita Hill I’ve studied false rape claims. The accusation against Kavanaugh doesn’t fit the profile. Conservatism At A Crossroads: Do They Want A Supreme Court Majority Or Do They Want To Own The Libs? Kavanaugh Accused of Promoting ‘Whacko Conspiracy Theories’ About Hillary Clinton-Vince Foster Affair There are Some Pretty Bizarre (Telling?) Comments on Brett Kavanaugh’s High School Yearbook Save the Supreme Court, not Kavanaugh Trump on Kavanaugh accusation hearing: 'We want everybody to be able to speak' Trump on Kavanaugh allegations: “I feel terribly for him” Committee cancels Kavanaugh vote President George W. Bush stands by Brett Kavanaugh endorsement The Kavanaugh assault allegations are a reminder that Democrats were smart to push out Al Franken GOP Senator Walks Back Story of What Kavanaugh Told Him About High School Party
(DBN)

Is controversial Guantanamo judge now an immigration judge? Defense asks to throw out his rulings
(DBN)

Diabetic judge relies on service dog to help monitor blood-sugar levels
(DBN)

Eric Holder Memo: Use FISA to Spy on Reporters
(DBN)

New blog uses data analysis from oral arguments to make Supreme Court predictions
(DBN)

Transparency In The Courts
(DBN)

______________

Wall Street:

Wall Street set for a slightly upbeat open, as US-China trade concerns simmer
(DBN)

U.S. stocks close higher as investors look past intensifying U.S.-China trade fight
(DBN)

The Hindenburg omen — a questionable crash indicator still riding 1987 fame — has been triggered
(DBN)

Hulbert: This stock market indicator hasn’t been so inflated since the internet bubble top
(DBN)

______________

Layoffs:

4 Sobering Predictions About the Future of Jobs
(DBN)

Self-driving trucks could solve a labor shortage—and put truckers out of work
(DBN)

Family Dollar job losses are among the largest in recent Charlotte history
(DBN)

PTC Alliance could see 94 layoffs in November
(DBN)

______________

Politics:

RNC internal poll finds GOP in danger due to complacent "red wave" Trump voters: report
(DBN)

Stormy on Trump: Like 'the mushroom character in Mario Kart'
(DBN)

TX: Cruz says O’Rourke will ban barbecue Ted Cruz jokingly warns his supporters that 'BBQ will be illegal' if rival Beto O'Rourke wins Senate election
(DBN)

Ted Cruz holds solid lead over Democrat Beto O'Rourke as GOP aims to avoid Texas disaster, poll says
(DBN)

Even Willie Nelson No Longer Unites Us Willie Nelson laughs at conservatives for suddenly being outraged by his support of Democrats
(DBN)

Gary Cohn too quick to vote for President Dimon
(DBN)

North Korea to Allow Outside Inspectors to Visit Missile Test Site North Korea to invite foreign experts to 'permanently' scrap missile sites
(DBN)

Judge acknowledges problems, but denies motion for paper ballots in Georgia
(DBN)

GOP Flips TX District That Was Dem For 139 Years
(DBN)

Ex-GOP Senators Endorse Kobach's Opponent
(DBN)

Supreme Court Orders Disclosure For Dark Money, As New Report Unveils Some Donors Supreme Court Lets Stand a Decision Requiring ‘Dark Money’ Disclosure
(DBN)

______________

Hotels:

Lucky Dragon Las Vegas Files to Close Hotel After Unsuccessful Auction
(DBN)

______________

Travel:

After 12,000 test runs, United takes on gate overcrowding with new boarding process United Airlines' new boarding process: Back to the future
(DBN)

______________

Economy:

Kudlow suggests entitlement reform is coming—just what Democrats wanted to hear as they hammer GOP
(DBN)

China hits back at Trump with tariffs on $60 billion of US goods These 14 states could see 'extremely significant damage' from Trump's trade wars Trump's tariffs were already unpopular before he fired his latest shot in the China trade war Trump Claims U.S. Businesses Have Barely Noticed His Trade War - That’s probably news to companies where layoffs are piling up Trump’s China strategy is the most radical in decades — and it’s failing Cramer: Trump's new China tariffs signal the 'game is over' to Apple and other US companies Auto industry outlook hinges on China sales holding up under tariff pressure Trump vows 'great and fast' economic retaliation on China if it goes after American farmers Trump's latest Chinese tariffs are a $1 billion tax on housing Wilbur Ross: Trump's new China tariffs will increase prices but 'nobody is going to actually notice' Trump’s trade wars: modest escalation or economic meltdown? Macy's CEO Gennette says China tariffs situation 'has not gone the way we hoped' Wall Street's Jim Paulsen: Market could soon stop shrugging off Trump trade war How the tariffs on China mean higher prices for American shoppers The forever trade war How trade-war fears have become less of a factor for stock-market investors U.S. liquefied natural gas boom threatened by new tariffs from China China's US Treasury holdings just fell to six-month low amid escalating trade war Investors can ignore glimmers of China trade hope Former US trade official: Deadlock with China will continue 'for some time' Coca-Cola exec has advice for Trump and Xi: 'Exchange WeChat accounts' US China Trade War May Pose Major Threat
(DBN)

Canada's Trudeau under growing pressure to get NAFTA deal done
(DBN)

The Trump tax hikes are coming
(DBN)

Married men earn more than single or married women (and single men)
(DBN)

Is America Facing a Labor Shortage?
(DBN)

Trade war with China may limit Fed’s interest-rate hike plans after September increase
(DBN)

Ray Dalio says the economy looks like 1937 and a downturn is coming in about two years
(DBN)

Cohn Blames Vegas Waitresses for Meltdown
(DBN)

How much the average American millennial, Gen Xer, and baby boomer spends each year eating out
(DBN)

'Another trillion in debt, here we come:' Cohn sees Trump working with Democrats on infrastructure
(DBN)

The 5 best—and 5 worst—states for paying off debt
(DBN)

10 years after the financial crisis, Americans are still looking for a deal
(DBN)

Fear about global growth is the worst since 2011, sending investors to cash
(DBN)

How close are we to another financial crisis? 8 experts weigh in.
(DBN)

No, the Financial Crisis Didn't Spawn Populism
(DBN)

‘Unprecedented’ Government Spending Spree Picks Up Speed
(DBN)

New Poll Finds Americans Believe College Is Worth Attending, But Not Necessary To Get Ahead
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Cash-Strapped Americans Are Leveraging Their Homes to Pay the Bills
(DBN)

Home builders group: New tariffs on Chinese goods are a tax on housing
(DBN)

NAHB housing market index at 67 in September NAHB: Builder Confidence at 67 in September
(DBN)

California: "Housing market falters for fourth straight month", Inventory up 17.2% YoY
(DBN)

Hurricane Florence Creating Housing Shortage for Displaced North Carolinians
(DBN)

Suburb of Abandoned Million Dollar Homes
(DBN)

____________

Municipalities:

Fiscal board holds hearing on Puerto Rico debt investigation
(DBN)

Judge rejects creditor move to halt Puerto Rico debt restructuring
(DBN)

Puerto Rico has not recovered from Hurricane Maria
(DBN)

A year after Hurricane Maria, Puerto Ricans rebuild amid setbacks
(DBN)

Trump lacks proof that Puerto Rico death toll was conspiracy
(DBN)

UBS Investors Dealt Setback Over Puerto Rico Fund Losses
(DBN)

______________

Oil/Gas:

Judge tells Pacific Drilling to rework fee on debt commitment
(DBN)

______________

Autos:

Vista Bank Seeks Judge's Ruling in Reagor-Dykes Bankruptcy Case Judge approves auction for 13 Reagor Dykes locations Judge approves KamKad to be ‘stalking horse’ bidder for Reagor-Dykes Auto Group Bidding procedures, cash collateral approved in Reagor-Dykes court hearing
(DBN)

Tesla is reportedly facing a US criminal probe over Elon Musk's statements about taking the company private Tesla plunges after report says US has launched a criminal probe over Elon Musk's statements Wall Street's convinced Tesla will need to raise more cash, and has some theories about how and when that may happen Tesla needs to put a seat belt on Elon Musk Tesla is 'headed for the graveyard,' predicts former GM exec Bob Lutz
(DBN)

______________

Religion:

Brooklyn Diocese Reaches Multimillion-Dollar Settlement in Sex-Abuse Case Catholic Diocese of Brooklyn Agrees to Record $27.5M Settlement With Sex Abuse Victims
(DBN)

Wuerl's handling of abuse claims imperils his legacy as a reformer
(DBN)

Ben Rubinowitz Gets Record Settlement for 4 Victims of Abuse Related to Roman Catholicism
(DBN)

______________

Healthcare:

Behind your rising health care bills: Secret hospital deals that squelch competition
(DBN)

Senate wants to go after surprise medical bills Bipartisan senators unveil proposal to crack down on surprise medical bills
(DBN)

______________

Farming:

Florence hammers North Carolina agriculture – losses include 3.4 million dead chickens, turkeys
(DBN)

______________

Consumer Finance:

Morgan sheriff pleads Fifth in Priceville Partners bankruptcy case
(DBN)

______________

Taxis:

'People are crying to me on the phone': Taxi owners face bankruptcy
(DBN)

______________

Corporate Governance:

Investors Want Directors Held to Task for Wells Fargo-Like Mishaps
(DBN)

______________

Personal Finance:

Your easy step-by-step guide to paying off all kinds of debt
(DBN)

______________

Electricity:

Judge dismisses FirstEnergy Solutions nuclear plant bonus plan, would exclude union members
(DBN)

______________

Student Debt:

How to choose a college major that won’t bury you in debt
(DBN)

Education Dept. Ruled Irrational In Nixing Debt Collection Deal
(DBN)

DeVos Blasted for Obstacles to Student Debt Relief
(DBN)

Defrauded Students Inch Closer to Victory
(DBN)

______________

Tech:

Reviewers like Apple’s new iPhone XS, but don’t necessarily recommend buying one Initial reviews of the new iPhone XS
(DBN)

______________

Startups:

SF drone startup burns through $118 million, shuts down
(DBN)

______________

Distressed Investing:

Covenant-Lite Share of US Leveraged Loan Market Hits Record 79%
(DBN)

______________

Sports:

Monday Night Football, Lowest Week 2 Rating Ever Recorded
(DBN)

______________

Fraud:

Madoff Tipster Has Some Big Concerns About SEC's Whistleblower Proposal
(DBN)

Receiver Awarded $2.4 Million Bonus For 110% Recovery
(DBN)

______________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (7 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (53 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

 

______________

Avoidance Actions:

Eleventh Circuit Joins Courts Ruling New Value Need Not Be Unpaid for Preference Defense
(DBN)

______________

Trustees:

Senior Staff Attorney Position, Chapter 13 Trustee's Office, Seattle
(DBN)

______________

Mass Torts:

Trump Admin Makes Use Of Medicare Law In Blunt Warning To Asbestos Lawyers
(DBN)

______________

Mediation:

Reflecting Feelings and Interests — A Mediation Study
(DBN)

______________

UST:

UST Seeks Employment Law Attorney
(DBN)

______________

Tax:

The IRS Is Still Going After Offshore Tax Cheats
(DBN)

______________

 

Retailing:

Claire's reportedly strikes a deal in bankruptcy battle Claire's lenders come to truce in bankruptcy fight
(DBN)

Walmart Finally Makes It to the Big Apple
(DBN)

On the mind of every retail CEO: the Amazon threat
(DBN)

Dollar Tree to close Family Dollar HQ, offer relocation to 700 employees
(DBN)

Gracious Home CEO on opening a new store after bankruptcy
(DBN)

We Didn’t Kill Toys ‘R’ Us, Solus Tells Investors
(DBN)

One year later: Toys R Us' fatal journey through Chapter 11
(DBN)

U.S. Retail Sales Increased Slightly in August.
(DBN)

______________

Celebs:

News Will And Jada Pinkett Smith Dragged into Duane Martin’s Bankruptcy Battle
(DBN)

______________

Food/Beverage:

Luxe Kosher Grocery Chain 'Seasons' Declares Bankruptcy
(DBN)

Weeks after Metro East grocery store closed it doors, food is rotting inside
(DBN)

Fika Preparing Sale to Coffee Chain’s Lender, Co-Owner
(DBN)

US appeals court rules for bartenders, waiters in tip fight
(DBN)

______________

Corporate Reform:

10 years after the fall of Lehman brothers, economists argue the system is safer — but it's not foolproof
(DBN)

Defanged Consumer Watchdog Shows Its Teeth
(DBN)

______________

Climate:

Trump to visit North Carolina in the wake of destruction from Hurricane Florence NC Coastal Floods: Most are Uninsured Florence dropped so much rain that hog waste is spilling out of lagoons Florence's floods claim more lives, as pollution concerns mount Hurricane Florence: What You Need to Know 2 chained mental health patients die in transport van after van becomes flooded in South Carolina North Carolina gov pleads with storm evacuees to be patient Fate of FEMA leader in doubt amid Florence cleanup
(DBN)

Donald Trump Jr.’s Anderson Cooper hurricane conspiracy theory, explained
(DBN)

______________

Lehman:

Hughes Hubbard’s Long Lehman Brokerage Wind-Down Could End in 2019
(DBN)

Nothing touted as 'the next Lehman Brothers' will be the next Lehman Brothers
(DBN)

How The Collapse Of Lehman Brothers Created A Ketchup King
(DBN)

______________

UK:

“No Deal Brexit” and cross border insolvency cases in the EU
(DBN)

'No deal' Brexit will hit fraud victims says insolvency expert
(DBN)

The Dangers of a No Brexit Deal are Real
(DBN)

Katie Price's 'controlling' new toyboy Alex Adderson 'takes charge of her finances' amid bankruptcy battle 'So famous but so lonely' Lonely Katie Price’s fears she’s losing friends as she can’t afford to ‘treat them’ anymore Katie Price said she’s cursed as she predicted her downfall in haunting video from 11 years ago
(DBN)

______________

PIIGS:

Italy edges toward spending less but the 'power-struggle' in government is growing
(DBN)

Italy's prosecutors give League decades to repay party funds
(DBN)

______________

Canada:

Catch Me If You Can: The Court’s Jurisdiction to Annul Bankruptcies Commenced in Other Provinces
(DBN)

Approval of third-party releases under the CCAA: the court lowers the bar in Aquadis
(DBN)

______________

Belgium:

The New Belgium Insolvency Law
(DBN)

______________

Cayman Islands:

Alvarez & Marsal launches Cayman office to expand insolvency offering
(DBN)

Kalo announces double promotion
(DBN)

______________

China:

China's second-in-command: We're facing 'greater difficulties' in keeping economy stable
(DBN)

Beijing will 'emerge stronger' from tariff war, Chinese newspaper says
(DBN)

China sets new debt reduction targets for 30 state firms: state media
(DBN)

______________

Japan:

Dolphin, penguins left at defunct aquarium spark concerns
(DBN)

______________

Denmark:

Danske Suspects 'Large Portion' of $234 Billion in Transactions Are Related to Money Laundering Danske Bank CEO resigns over internal probe Danske mea culpa will only partly calm U.S. wrath
(DBN)

______________

India:

Bank of India puts 45 bad loan accounts worth Rs 8800 crore on sale
(DBN)

UK red-flagged Vijay Mallya’s £17.8-million Swiss bank transfer
(DBN)

Two debt-ridden farmers end life
(DBN)

______________

MENA:

Abu Dhabi studies restructuring options for $1.2 bln Etihad-linked bonds -sources
(DBN)

_____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $64/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2018